Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

For this assessment, do research in order to perform analyses based on real-world examples of data mining applications in business:
Select data from a project with which you are associated that has to do with profitability. For example, develop ten different customer profiles with their rates of profitability.

-Employ representative statistical-analysis software to calculate and plot lift.

-Calculate and plot lift, given a set of data, and analyze optimal policy.

-Analyze the data to determine the optimal policy for enhancing profitability.

-Present the results of your analysis in a concise and compelling manner, using effective communication strategies and appropriate business terms. Show your work and paste figures or tables (as necessary) into a Word document.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91522316
  • Price:- $30

Priced at Now at $30, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

The mean of the annual return for common stocks from 1926

The mean of the annual return for common stocks from 1926 to 1992 was 16.5%, and the standard deviation of the annual return was 19%. In later parts of the question we will ask: a. What is the probability that the stock ...

From a random sample of 41 teens it is found that on

From a random sample of 41 teens, it is found that on average they spend 31.8 hours each week online with a standard deviation of 3.65 hours. What is the 90% confidence interval for the amount of time they spend online e ...

Calculate the cash and accounting break even point selling

Calculate the cash and accounting break even point. selling price $745, Variable cost $445 extra expense of $170,000 per on rent, $160,000 per year on utility plus additional of initial outlay of $120,000 in furniture (4 ...

In a pre-election poll a candidate for district attorney

In a? pre-election poll, a candidate for district attorney receives 253 of 500 votes. Assuming that the people polled represent a random sample of the voting? population, test the claim that a majority of voters support ...

There are twenty stores for a grocery chain in the

There are twenty stores for a grocery chain in the Mid-Atlantic region. The regional executive wants to visit five of the twenty stores. She asks her assistant to choose five stores and arrange the visit schedule. (Pleas ...

Assume that the significance level is alpha equals alpha005

Assume that the significance level is alpha equals α=0.05. Use the given statement and find the? P-value and critical? value(s). The test statistic of z equals = -1.53 is obtained when testing the claim that p= 1/6 P-val ...

For each scenario below what is the appropriate statistical

For each scenario below, what is the appropriate statistical analysis to use? (t-test for two independent samples, t-test for dependent samples, ANOVA, or chi-square test of independence) and why? (a) A study was conduct ...

Monthly water bills for a city have a mean of 10843 and a

Monthly water bills for a city have a mean of $108.43 and a standard deviation of $36.98. Find the probability that a randomly selected bill will have an amount greater than $165, which the city believes might indicate t ...

The director of research and development is testing a new

The director of research and development is testing a new drug. She wants to know if there is evidence at the 0.02 level that the drug stays in the system for more than 339 minutes. After performing a hypothesis test, sh ...

Simone founded her company using 175000 of her own money

Simone founded her company using $175,000 of her own? money, issuing herself 200,000 shares of stock. An angel investor bought an additional 200,000 shares for $125,000. She now sells another450,000 shares of stock to a ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As